Question

paid wages rs 500 journal entries​

Answer 1

Explanation:

Outstanding wages are a liability for the company and hence, wages outstanding accounts is to be credited and wages is an expense to the company and has to be debited. Basically the entry for outstanding wages will be:-

Wages A/c. debit

To wages outstanding A/c.

Answer 2

Answer:

wages a/c Dr. rs.500

To cash a/c rs. 500

Explanation:

(Being wages paid )